Lyft (LYFT) Misses Q4 EPS by 6c, Offers Outlook
Lyft (NASDAQ: LYFT) reported Q4 EPS of $0.15, $0.06 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.56 billion.
Q1’25 Outlook
- Rides growth in the mid-teens year over year driven by industry-leading service levels and strong rider and driver growth and engagement.
- Gross Bookings growth of approximately 10% to 14% year over year, or approximately $4.05 billion to $4.20 billion, amidst the recent pricing environment in the U.S. market.
- Adjusted EBITDA of approximately $90 million to $95 million and an Adjusted EBITDA margin (calculated as a percentage of Gross Bookings) of approximately 2.2% to 2.3%
For earnings history and earnings-related data on Lyft (LYFT) click here.